In most businesses where there is a mixture of cash and credit sales, typically in hardware stores, plumbing, electrical wholesalers, bathroom showrooms, tiles, or any other retail and/or trade environment, fully integrated trade counterpoint of sale systems can offer huge benefits. Today, you’ll find a variety of POS software on the market but not all offer the value of a system that works totally in sync with your back-office accounting software.
I’ve highlighted some of the typical benefits of using a fully integrated Point of Sale System below.
How can a complete integrated POS system help your business?
Deliver access to live data
The single most attractive benefit of an integrated POS system is, of course, having access to live data at the point of customer contact. You do not need to doubt the information you are receiving or worry that everything has been updated. Your data is completely up-to-date and accurate ensuring your counter staff has access to the information they need when they need it.
This includes real-time access to…
- Customer balances
- • Customer credit limits (of actual and committed debt)
- • Stock information
- • Pricing
- • Customer price lists
- • Stock Maintenance
- • Bar-coding
Provide valuable sales and stock information
Asimot Point of sale can provide you with valuable sales information enabling you to focus your attention on more profitable lines, improve your demand forecasting and minimize stock.
Brief sales reports give a clear understanding of your business – including which items are selling and which aren’t – allowing you to make more informed decisions. You can also track profitability by the terminal, by product, or by the department. This type of information helps you to improve scheduling, operational efficiency, and profitability. It will also help you to discover which marketing activities work? What are your peak selling hours? Do you need to increase staff during those times? Can you optimize your opening hours to increase revenue?
For system control inventory management you can use predefined system measures to ensure you are operating at the optimal stock level. This will reduce your stock holding, ensure more efficient stock turn and better use of supplier lead times whilst also allowing for better management of your cash flow.
One database to maintain
With an integrated point of sale system, you are only working from, and maintaining, a single database. On having all inventory information in one place, your data is more secure, reliable, and up-to-date at all times; ensuring consistency across your business. More importantly, this seamlessly shared source of knowledge empowers front-facing staff with the right information at the right time.
The number of stores with effective distribution control allows stock levels at each store to be updated with the help of your integrated POS software.
Better customer service
To make good decisions your customer-facing staff need the best information possible. Choosing an integrated POS system gives your staff access to real-time customer and stock information.
With a user-friendly interface configured to suit the particular needs of your frontline staff, you can speed up the transaction process, improve accuracy and ultimately make it easier for your customers to do business with you.
When you know your customers and what they are buying you can create meaningful marketing campaigns that target the right customers with the right incentives.
